The Wall Street Journal Guide to the New Rules of Personal Finance: Essential Strategies for Saving, Investing, and Building a Portfolio in a World Turned Upside Down

Everything you thought you knew about saving, managing risk, and securing your financial future has changed.

The world is very different in the wake of the biggest financial crisis since the Great Depression. Retirement accounts have been eviscerated, risk appetites diminished, and questions raised about age-old personal finance strategies such as "buy and hold" and the efficacy of relying heavily on stock mutual funds.

In The Wall Street Journal Guide to the New Rules of Personal Finance, Dave Kansas offers guidelines for understanding the new regulations for finance firms, the rising importance of international investing, and the very different environment that now exists for home buyers. With valuable chapters on debt reduction, diversification, retirement planning, real estate, commodities, and other vital topics, this essential volume is designed to help the individual determine which tenets of an investing strategy remain sound and which deserve re-examination. It is the ultimate guide to profitably investing your money in a world that has fundamentally changed.

From the world’s most respected business publication comes the definitive guide to the new, ever-changing landscape of personal finance. The Wall Street Journal Guide to the New Rules of Personal Finance is an essential tool for anyone looking for sound financial advice in a world where everything you thought you knew about saving, managing risk, and constructing a portfolio has been turned upside-down. In the aftermath of the most severe economic downturn since the Great Depression, The Wall Street Journal Guide to the New Rules of Personal Finance is the navigator every investor needs to thrive in a still uncertain financial climate.